Dear shareholder,

Thank you for your inquiry. The following response was provided by management.

Both the platinum group metals (PGMs) contained in the massive sulphides, and the iron oxide have excellent potential to be profit centers, but neither commodity was included in the Scoping Study, so they cannot be included in the pre-tax IRR or pre-tax cash flow calculations. Once Starfield has had the opportunity to quantify these commodities, the value of both the PGMs and the iron oxide will be included in future studies.

Regards,

AGORACOM Investor Relations